Karnataka HC deals blow to Amazon, Walmart”s Flipkart in antitrust case

Amazon The Competition Commission of India (CCI) announced a probe in January 2020 into Amazon and Flipkart following a complaint from a trader group that alleged they were promoting some “preferred sellers” and in turn hurting business for other, smaller sellers. Source link

Lounge Poolside In Style With These 10 Designs

Walmart A pool is, let’s face it, a luxury in and of itself. But there’s a big difference between having somewhere to swim and creating a full-blown lounge experience in your own backyard. In fact, it’s possible to create a resort vibe —without spending a fortune. From furniture and lighting to decor and fire features, … Read more

View: India’s success in beating the pandemic is crucial for the worldwide fight against Covid-19

Americans have come through in India’s hour of need. As have the Europeans, Russians and our neighbours. The mobilisation of aid is unprecedented, the outpouring of goodwill overwhelming, and the urgency to help India beat this ferocious pandemic deeply felt. It’s like a dam burst. The US administration, members of Congress, corporate titans, Americans, in … Read more

A bridge over troubled waters: How India and US are working together amid COVID

As the coronavirus ravaged the US last year, our friends in India rallied to our assistance, supplying critical medicines, airlifting PPE to our frontlines, and partnering with the US government on vaccine research. Now, India’s hour of need has arrived, and the US is committed to doing its part to help an important partner. With … Read more

A bridge over troubled waters: How India and US are working together amid COVID

As the coronavirus ravaged the US last year, our friends in India rallied to our assistance, supplying critical medicines, airlifting PPE to our frontlines, and partnering with the US government on vaccine research. Now, India’s hour of need has arrived, and the US is committed to doing its part to help an important partner. With … Read more

Garment exports save the day for manufacturers

Exports of fashion and lifestyle products from India have started seeing an uptick as demand in the UK and the United States is picking up, said suppliers to international brands such as Zara, H&M and Primark. “As demand in the north American region and Britain starts to grow, our business has started to pick up,” … Read more

Flipkart to acquire online travel firm Cleartrip

Post acquisition, Cleartrip would continue to operate as a separate brand and would also retain all its employees Walmart-supported e-commerce player Flipkart on April 15 made a proposal to acquire Cleartrip, an online travel technology firm. Flipkart would acquire 100% of Cleartrip’s shareholding, in a move to further strengthen its digital commerce offerings for customers, the company said … Read more

Flipkart is said to aim for IPO in fourth quarter of 2021

Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is making progress toward an initial public offering (IPO) as soon as the fourth quarter of this year, according to people familiar with the matter. The US retail giant has set up an internal IPO team for Flipkart and is leaning toward a traditional debut in … Read more

View: Govt needs a fresh approach to Big Tech regulation with an unbiased mindset

Some policies also arise from a protectionist mindset, not just in India but around the world. Synopsis Most measures taken by regulators to address issues like ex ante regulation or anti-trust enforcement do not appear to be well thought-out. Such measures either fail to serve their intended purpose, or give rise to other issues. Result: … Read more

Next Up For US Retailers: A Big Wave Of Gift Returns

As shoppers tuck their final Christmas presents under the tree, U.S. retailers are bracing for a record-setting flood of returns of online gifts bought during the deadly surge in coronavirus cases. To make the process more efficient, retailers including Walmart Inc and Target Corp let shoppers drop unwanted gifts at FedEx or United Parcel Service … Read more